Zero-interest mortgages are all the rage Make home-buying affordable, but carry considerable risk: 7/ 17/ 2005

Zero-interest mortgages are all the rage
Make home-buying affordable, but carry considerable risk: 7/ 17/ 2005: "As home prices have risen sharply higher along SouthCoast in recent years, many home buyers have found a way to get more house for their buck -- interest-only mortgages.
'It's one of our biggest products,' said Don Chisholm, sales manager with Gateway Funding, a Wareham-based mortgage company. 'That's what everybody wants.'
The popular but risky loans allow borrowers to stretch their buying power by offering significantly lower monthly payments than standard 30-year fixed rate loans. "
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Study identifies the 11 stages of home buying

HoustonChronicle.com - Study identifies the 11 stages of home buying: "CHICAGO - Buying a home can prove to be a trying experience even for the most seasoned homeowners. But for first-time home buyers, the emotional roller coaster is especially gut-tugging, a new study says.
First-time buyers go through a series of emotional highs and lows in the home-buying process, based on 11 key 'satisfaction milestones' identified in research from www.RealEstate.com. Those milestones include everything from the initial dreams of homeownership and what that might entail to the harsh realities of home-inspection reports."
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Buying a home takes homework

Buying a home takes homework - 07/15/05: "Buying a first home seems exciting, romantic and adventurous -- until you get down and dirty in the process. Nancy Dunnan, a New York-based real estate expert, offers these tips to make the process easier and less scary.
� Know thy agent. Dig beneath the friendly exterior to find the real agent beneath the smiling surface. How much experience do they have? How many homes have they listed and how many sold? How long did it take? References from family, friends and colleagues can help as can taking the time to interview at least three agents in person, Dunnan suggests. Look at their 'activity lists' -- which show every property they sold during the past year. "
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.